finance industry

There have been moves recently to strengthen Islamic finance in the Association of Southeast Asian Nations, or ASEAN, which were spearheaded by the country...

New Malaysian standards for Shariah-compliant equities are expected to attract more Islamic investment funds from the Gulf region, said a senior official of the...

The 9th World Islamic Economic Forum (WIEF), held in London from October 29 to 31 for the first time outside an Islamic country, is...

The Malaysian and Saudi Arabian cooperative and Islamic insurance (takaful) markets are the only two that are seeing growth especially in new policies and...

In line with positive equity market performance, the Malaysian unit trust industry is expected to grow at double-digit rates over 2013 and to no less than a net asset value of $258.5 billion by 2020 as per Malaysia's Capital Market Masterplan.

Is Islamic Finance truly servicing the needs of humanity? Daud Vicary Abdullah, the President and CEO of INCEIF, the International Centre for Education in Islamic Finance, shares his views.

Economic growth in the Sultanate of Brunei slowed to an estimated one per cent in 2012, owing to weakness in production and exports of crude oil, which is way below all other ASEAN peers except Singapore.

Brunei has still to fully develop its Islamic finance sector. There are great opportunities for foreign Islamic banking institutions to forge ties with the Brunei government and its banking institutions in pushing the business.

The Manila stock exchange is planning to introduce a list of Shariah-compliant equities to attract the nation’s Muslim investors and some of the $1.2...